IoT for Public Safety Market

Rise in adoption of machine learning and AI-based public safety solutions and other major driving factors is expected to favour the rise in the global IoT for Public Safety market

 

Reports and Insights has published a new report titled, “IoT for Public Safety Market: Opportunity Analysis and Future Assessment 2020-2028

Global IoT for Public Safety Market, By Hardware (IoT Sensors {Smart Cameras, Public Safety Devices, & Others}, Software {Security Access Software, Public Safety Monitoring Software, & Others}, Service {Device Management Service, Infrastructure Management Service, & Other}), By Service (System integration services, Consulting services, & Support and maintenance services), By Platform (Device management, Application management, & Network management), By Application (Emergency communication and incident Management, Critical infrastructure security, Surveillance and security, Disaster management), By Vertical (Smart building and home automation, Homeland security, Smart utilities, Smart healthcare, Smart manufacturing, Smart transportation, & Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.

In 2020, global IoT for public safety market was valued at US$ 9,655.5 Mn and expected to grow significantly at a CAGR of 15.3% over the forecast period

The capability for IoT is much higher than anyone would have ever pictured. The count of Internet connected devices already outnumbers the human population. Since IoT devices are swiftly becoming a major component of our routine lives it comes as no wonder that public safety organizations have already begun to make a note. With an enormous amount of things already on their plate, public safety officials require as much support as they can get when it is about offering services to residents.

Internet of Things (IoT) technologies carry the potential to assist public officials by providing significant insights when they require them the most. Moreover, when it comprises the security of citizens, data should be reliable and easily accessible. For instance, the IoT devices like DIY home security monitoring systems, provide public safety officials a better approach to in-context information about emergencies and felonies, which was earlier unattainable or cellared. Better accessibility of medical information or crime footage through wearables eventually enhances contingency decision-making and can also offer investigators with robust data for offense and safety analytics. Public safety, ranging from sanitation to criminal investigation, is not something that should be understated. By resorting to IoT technologies, public safety organizations can avail the insights they need when they need it, leading to safer, better cities for everyone.

Artificial Intelligence (AI) & Machine Learning (ML) are the couple of concepts that without any doubt any organization should take into consideration, irrespective of their reasonable efficacy these days since they are still new in the market. Data-centric approaches and such innovative technologies offer benefits like intelligence, and within Public Safety particularly, AI has the capacity to offer humans with services that we are not unable to manage.

Moreover, against the backdrop of a contingency, where higher environmental and physiological strains as well as several other factors interface each second, the leaders and authorities must ensure that they use all of the available resources with the maximum effectiveness to acquire the greatest possible result. It is well-known that machines have the potential to handle enormous amounts of data quicker than humans will ever be, and also learn to consistently upgrade and get better.

Together with huge breakthroughs such as the progress in deep learning and machine learning, greater computing power, and immense databases to leverage the complete potential of AI along with open databases and platforms, the advent of AI and ML in public safety is likely to bring several benefits to various areas.

Reports and Insights Study identifies some of the key participating players in the IoT for Public Safety market globally are IBM, Hitachi Vantara, NEC, Microsoft, Cisco Systems, Nokia Networks, Sierra Wireless, Telit, and West Corporation, ThroughTek, Iskratel, IntelliVision, Star Controls, Carbyne, Securens, SmartCone Technologies, Kova Corporation, Esri, Cradlepoint, Endeavour Technology, X-Systems, Yardarm Technologies, Tibbo Systems, CityShob, and SayVu Technologies, among others.

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